decide not to sell

[MikeMN]

What is the name of your state?What is the name of your state? Minnesota

I put my house on the market and right now there is a glut of homes in my area and my agent wants me to keep lowering my price , I have decided to wait about 6 months to sell again and my agaent says I might be charged now for there service is this legal ? can the agent charge me me ?

 

[BelizeBreeze]

Have you read your listing agreement? IF so, put here exactly word for word, what it says about early termination/pulling the house off the market and the associated cost recovery avenues

 

[HomeGuru]

What is the name of your state?What is the name of your state? Minnesota

I put my house on the market and right now there is a glut of homes in my area and my agent wants me to keep lowering my price , I have decided to wait about 6 months to sell again and my agaent says I might be charged now for there service is this legal ? can the agent charge me me ?

**A: If you really want to sell, get an appraisal and sell for that amount of less.

 

[DannySue]

Mike, I'm also in MN. Where are YOU? I've had my house on the market with NO showings for the past 2 months. It's really slow right now. I signed a YEAR listing contract with my agent because she said it was "customary." Wish I would have said NO WAY.

I've yet to lower my price. I refuse to do it because I'm way below comps as it is. I can imagine the vultures waiting for it to drop, but they're in for a long wait. Hang in there. Your realtor could be hungry and want an easy sell our your home.

 

[DrewfromCA]

Sorry to chirp in, but no showings in 2 months? Everyone must be coming here to So Cal, because dumpy 1 bedroom condos are going for $275k. Want a good home? $900k, minimum.

Anyway, hope you guys end up selling. Good luck.

 

[Souix]

Yes, there is not much you can do about location. Real estate is booming here too.

 

[MikeMN]

Mike, I'm also in MN. Where are YOU? I've had my house on the market with NO showings for the past 2 months. It's really slow right now. I signed a YEAR listing contract with my agent because she said it was "customary." Wish I would have said NO WAY.

I've yet to lower my price. I refuse to do it because I'm way below comps as it is. I can imagine the vultures waiting for it to drop, but they're in for a long wait. Hang in there. Your realtor could be hungry and want an easy sell our your home.

In Apple valley - talked to the agent last night and they agreed to not charge me - I did say that when I relist it again I will use them but I am under no obligation to do so

The market here is flooded and prices keep dropping and I can wait untill the glut is over and relist

 

[HomeGuru]

In Apple valley - talked to the agent last night and they agreed to not charge me - I did say that when I relist it again I will use them but I am under no obligation to do so

The market here is flooded and prices keep dropping and I can wait untill the glut is over and relist

**A: Ok, then get the listing termination at no cost in writing.